This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.Need a new registration confirmation email? Click here

Tecumseh Products Company Names David Goldberg To Board Of Directors

ANN ARBOR, Mich.,
March 2 /PRNewswire-FirstCall/ -- Tecumseh Products Company (Nasdaq: TECUA, TECUB), a leading global manufacturer of compressors and related products, announced today that air-conditioning and refrigeration industry veteran
David Goldberg has been appointed to the company's board of directors, effective immediately. The Board also nominated Goldberg, along with incumbent directors
Kent Herrick,
Zachary Savas,
Steven Lebowski and
Terence Seikel, for election at the 2010 annual meeting of shareholders, which is scheduled for
April 28.

"At both the board and executive levels, we have been working to strengthen
Tecumseh with leaders who have hands-on management and manufacturing experience, knowledge of our industry and a clear customer focus to help further our goals of improving our financial results and the value we offer in the market," said
Kent Herrick, chairman of
Tecumseh. "David brings important perspective and strategic insights about the refrigeration industry to our board, which we believe will help us in our drive to return
Tecumseh to positive cash flow and profitability."

Goldberg, 66, who has managed companies in both
the United States and
Europe, is past chairman of the Air-Conditioning and Refrigeration Institute (ARI), a trade association representing manufacturers of air conditioning and refrigeration equipment, which is now part of the
Air-Conditioning, Heating and Refrigeration Institute (AHRI).

Since 2003, he has been president of David Goldberg Consulting, which advises clients in the heating, ventilation, air conditioning and refrigeration and other industries on strategic planning, mergers and acquisitions, product development and marketing. From 2001 to 2002 he served as CEO of American DG Energy, Inc., a start-up company specializing in on-site electrical energy producing equipment for the commercial and light industrial markets.

Product Features:

To begin commenting right away, you can log in below using your Disqus, Facebook, Twitter, OpenID or Yahoo login credentials. Alternatively, you can post a comment as a "guest" just by entering an email address. Your use of the commenting tool is subject to multiple terms of service/use and privacy policies - see here for more details.